PC Jeweller shares drop nearly 4%;market cap slips below Rs 11,000 crore

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Shares of PC Jeweller experienced a dip of 3.5%, bringing the price to Rs 16.76. Market capitalisation decreased to approximately Rs 10,968 crore. Despite this, the stock has seen a 35% rally in the past month. Technical analysis shows the stock is trading above most key Simple Moving Averages.